Ghana Reference Rate drops sharply to 11.71%; major interest rate cuts expected

Ghana’s Reference Rate (GRR), the key benchmark used by commercial banks to price loans, has dropped sharply to 11.71% for March, down from 14.58% in February.

4 Mar, 05:16 — 4 Mar, 05:16

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Ghana Reference Rate drops sharply to 11.71%; major interest rate cuts expected

Ghana’s Reference Rate (GRR), the key benchmark used by commercial banks to price loans, has dropped sharply to 11.71% for March, down from 14.58% in February.

By Abubakar Ibrahim

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Ghana Reference Rate drops sharply to 11.71%; major interest rate cuts expected

Read at source (1 outlet)

Ghana Reference Rate drops sharply to 11.71%; major interest rate cuts expected

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